Banner Elk vs Advance
Side-by-side comparison
How does Banner Elk, NC compare to Advance, NC? Banner Elk has a population of 1,338 with a median household income of $67,917, while Advance has 1,544 residents and a median income of $109,402. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Banner Elk, NC | Advance, NC | Difference |
|---|---|---|---|
| Population | 1,338 | 1,544 | -13.3% |
| Median Age | 20.7 | 39.2 | -47.2% |
| Foreign Born % | 6.7% | 5.7% | +17.5% |
| Metric | Banner Elk | Advance | Difference |
|---|---|---|---|
| Median Income | $67,917 | $109,402 | -37.9% |
| Unemployment | 5.6% | 0% | +560.0% |
| Poverty Rate | 16% | 5.6% | +185.7% |
| Bachelor's+ | 44.8% | 31.8% | +40.9% |
| Metric | Banner Elk | Advance | Difference |
|---|---|---|---|
| Home Value | $422,900 | $358,500 | +18.0% |
| Median Rent | $879/mo | $865/mo | +1.6% |
| Housing Units | 788 | 620 | +27.1% |